Financial Manager
ROADIS Transportation Holding
Total years of experience :11 years, 3 Months
ROADIS is a global reference in the development, operation and management of essential infrastructure assets. It currently manages 1, 890 km of toll roads in operation in 10 concessions across five countries. ROADIS is wholly-owned by the Public Sector Pension Investment Board (“PSPIB”), one of Canada's largest pension investment managers with CAD$158.9 billion of net assets under management as of September 30, 2018.
My role at ROADIS entails developing financial strategy to finance greenfield or acquisition opportunities. Analyze existing debt in the target opportunity to identify the need for restructuring or refinancing and potential problems/upsides by thoroughly scrutinizing all the project documentation. Maintaining and improving the performance of the company´s investments across globe to orchestrate potential improvement of project value using different financing products.
Projects Undertaken:
• Involved in raising financing for the upcoming privatization of Egnatia Odos Motorway (“Egnatia Odos”) in Greece with an investment opportunity of c. EUR 900 Million.
• Analysed in depth financing structure and various instruments available for debt syndication in an opportunity to acquire a 75% stake in a 456 Km 4G toll road located in the southwest of Colombia
• Producing and Evaluating consolidated cash flow projections for the Holing company by incorporating all the distributions and equity investments across different assets. Presenting a clear picture to the management of the cash flow movement for the short-term future.
The Public-Sector Pension Investment Board ("PSP Investments"), one of Canada's largest pension investment managers is the sole shareholder of Isolux Infrastructure (Indus Concessions) and is now renamed ROADIS.
Role at Indus included comprehensive scoping of investment opportunities in the secondary market of Indian highways sector using feasibility analysis, valuation techniques and mergers and acquisitions evaluation. Carrying out Budgeting and planning exercises for the existing assets and presenting the key metrics to board for analyzing project performance.
Projects Undertaken:
• Bid submission for a new PPP model Toll-Operate-Transfer (TOT) launched by NHAI to the tune of $1 billion which involved projects feasibility study, lenders management for the upfront concession fee, shareholders management, traffic and technical advisors’ management etc.
• Submitted a BO (‘Binding Offer’) to acquire 100% stake in a 4-lane operational state highway after carrying out due diligence and edging out a competitor during the initial stages of the process.
• Submitted an NBO (‘Non-Binding Offer’) to an Indian highway sector developer for the acquisition of 2 major road assets which involved a bidding process comprising more than 5-6 competitors.
• Devise the restructuring of the existing debt facilities under the best suitable schemes of restructuring as per the RBI guidelines and seeking the necessary approvals from the board and senior management.
• Assessed various tax and equity structuring options to maximize the shareholder’s repatriation.
• Carry out the Value maximization exercise for all the four existing SPVs to analyze the potential of the assets and their respective weaknesses along with benchmarking key metrics such as O&M costs
One of the world’s largest and most innovative financial model building and training firm. F1F9 pioneered a
uniquely transparent, efficient, and maintainable modelling methodology known as the FAST Standard.
Job experience included prepareing financial models for better decision making by incorporating FAST modelling standards.
Projects Undertaken:
• Prepared a ToolKit to equip public officials to evaluate P3 project (a) using financial analysis to evaluate its financial impact on the budget of the procuring agency; and/or (b) using benefit-cost analysis to compare societal benefits against societal costs, i.e., economic efficiency analysis.
• Built a proposal for the DoT of UK, on behalf of a train operator to procure an award of franchise.
• Involved in the development of several operational models for a portfolio of renewable energy projects in countries such as the UK, Spain and Italy for a leading European fund management company.
• Built a financial close model for water transmission company to decide the funding structure and financing regimes.
• Built a business case feasibility analysis model for a port and dynamic dashboard for investment analysis in Brazil.
Other than projects:
• Published two modelling guide handbook, ‘Debt service coverage ratio’ & ‘Using SUMPRODUCT’.
• Coordinated, developed and maintained macros and software used for quality checking of different models.
Seconded to one of the world’s leading model audit firm
• This involved auditing financial model from various sectors such as Renewable energy, Fund model etc.
• Prepared model audit reports and carried out various audit procedures such as CF tracker, Output Analysis etc
• Observing and understanding the tools and techniques for well logging and oil generation.
• Practical applications of the electronics and communication principles through the analysis of various tools.
Empanel the AMFI certified ARN holders with UTI.
• Share the know-how of all the mutual fund plans launched by UTI with the newly empaneled IFAs
MBA with major in Finance from JayPee Institute of Information Technology
B.Tech from Jaypee Insititue of Information Technology in Electronics and Communication